External Debt in Azerbaijan
Azerbaijan - External DebtRecent data suggests that growth strengthened in November, after a lackluster start to the fourth quarter. Economic activity picked up pace bolstered by accelerating growth in the non-oil sector. Despite improving somewhat over the past year, the energy sector remained battered with oil prices falling sharply at the end of 2018. Although oil production picked up modestly in November, according to the energy minister, the rise will likely be short-lived after Azerbaijan agreed to limit oil production in December, along with OPEC and Russia’s output quotas. That said, some analysts doubt if Azerbaijan will meet their obligations to the deal.
Azerbaijan - External Debt Data
|External Debt (% of GDP)||13.6||15.7||24.9||37.2||-|
5 years of economic forecasts for more than 30 economic indicators.
Azerbaijan External Debt Chart
Source: World Bank
|Exchange Rate||1.70||-0.66 %||Jan 30|
|Stock Market||0.1||0.0 %||Jan 30|
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